Is it just me or has there been a theme of late that sees happy news (Yuan policy this weekend) manufactured over the weekends by various G20 types, designed to give the broad global market hope trade a boost while at the same time taking a little off the top of gold? While it is a bit annoying, the rest of the story has been that the gold sector generally spends the balance of the week recovering and remaining in outperformance mode.
Monday, June 21, 2010
Gold's Blue Mondays
Is it just me or has there been a theme of late that sees happy news (Yuan policy this weekend) manufactured over the weekends by various G20 types, designed to give the broad global market hope trade a boost while at the same time taking a little off the top of gold? While it is a bit annoying, the rest of the story has been that the gold sector generally spends the balance of the week recovering and remaining in outperformance mode.
